| George Gatch|
JPMorgan Asset Management
CEO, Investment Management, Americas
published over the weekend, Barron's
provides a glimpse of what's coming up at J.P. Morgan Funds
. According to the pub, CEO George
and his team are planning to launch five international funds next year.
Meanwhile, ETF launches do not seem to be part of J.P. Morgan's future. "We are an active manager who believes in delivering outsized, rather than average, returns," Gatch was quoted as saying.
The article, penned by Jack Willoughby, also looks at how Gatch and co. grew J.P. Morgan's mutual fund business from $62 billion in stock-and-bond fund assets in 2005 to
$136 billion currently. Willoughby notes that J.P. Morgan chalked up net inflows of $15 billion this year, behind Pimco and Vanguard, who each had $29 billion.
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